Target 10880 - Bitcoin/Elliott-Wave Theory (Swing Traders)...!
Updated
- Third-wave that did travel more than 161.8% of Wave-1 is considered as an Extending Wave.
- Wave-4 typically corrected the third wave by 38.2%.
- You can see that the 1 normal wave and 3-wave extensive wave that why 5-wave expected normal at 10880 nearby as a target.
Triangle Projection (probability) :-
=> Within the normal fifth wave can expect to develop into a leading Triangle which is projected in the chart. This is an approximately expected projection if price trade above 4rth-Wave.
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Suppose, Achieved 10880 Target, What will be Next?
The answer below chart:
Note
Do you want "Elliott Wave" on 15-min chart for exact Entry/Exit and Target?
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